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  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 15: Audit of transaction cycles and financial statement balances I
  5. Question
    Why Is Inherent Risk Often Assessed as Relatively High for Inventory
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Why Is Inherent Risk Often Assessed as Relatively High for Inventory

Question 93

Question 93

Multiple Choice

Why is inherent risk often assessed as relatively high for inventory?


A) potential for obsolescence
B) complex pricing
C) multiple storage locations
D) all of the above

Correct Answer:

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